Fundz

Angus Gold Completes Private Placement, including a Strategic Investment by Wesdome Gold Mines

PRIVATEFeb 12, 2024

Amount Raised

$4.64 Million

Round Type

Seed

TorontoMining

Investors

Wesdome Gold Mines Ltd.

Description

Angus Gold Inc. completes a non-brokered flow-through private placement, raising a total of C$4,640,000 through the issuance of 5,800,000 charity flow-through units at a price of C$0.80 per unit. The strategic investment was made by Wesdome Gold Mines Ltd., acquiring all the flow-through units issued. The funding will be used to fund the Company’s exploration programs at the Golden Sky project in Ontario.

Quick answer

Angus Gold raised $4.64 Million in a Seed round, dated February 12, 2024. Investors: Wesdome Gold Mines Ltd. Angus Gold is based in Toronto, Ontario, Canada.

How much did Angus Gold raise?
Angus Gold raised $4.64 Million in a Seed round on February 12, 2024.
Who invested in Angus Gold?
Wesdome Gold Mines Ltd. is named as investors in this round.
What does Angus Gold do?
Angus Gold is a Canadian gold exploration company with a 267-square-kilometres land package located in north-central Ontario approximately 50 kilometres west of the town of Wawa and lies between Wesdome Gold Mines’ two..
Where is Angus Gold based and how big is it?
Angus Gold is based in Toronto, Ontario, Canada.
Who are the decision-makers at Angus Gold?
Fundz holds 1 contact at Angus Gold. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mining around the same time

Companies in the same sectors as Angus Gold that raised within 45 days of this round, from Fundz verified event records.

  • Canadian Energy Metals raised $705K (Seed) on March 28, 2024.
  • Abcourt Mines raised $1.4M (Seed) on March 28, 2024.
  • Canagold Resources raised $4.1M (Seed) on March 28, 2024.
  • Li-FT Power Ltd raised $10M (Funding Round) on March 28, 2024.
  • United Lithium raised $2M (Seed) on March 27, 2024.
  • GGL RESOURCES raised $4K (Pre-Seed) on March 27, 2024.

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Company Information

Company

Angus Gold

Location

Toronto, Ontario, Canada

About

Angus Gold is a Canadian gold exploration company with a 267-square-kilometres land package located in north-central Ontario approximately 50 kilometres west of the town of Wawa and lies between Wesdome Gold Mines’ two producing mines.

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Related People

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